it was also a consequence of the administrative expenses in Q2–2018, which was similar to Q2–2017, which those were a fixed cost that continues to occur even if the revenue was decreased. As a result

economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative Expenses For 2Q’18 and 1H18, administrative expenses increased at the similar rate

, the Company will focus on improving gross profit margin and efficiency of marketing spending. 3. Selling and administrative expenses Selling and administrative expenses for 2Q18 and 1H18 were Baht

’ salaries, over time, fuel and depreciation. In addition, the Company’s subsidiaries’ expenses of employees were Baht 3.70 million but its subsidiaries has not yet started its operations. (6) Share of profit

, 2018. The operating results were, Description Nine-month 2017 Nine-month / 2018 Differentiate (Unit: Million THB) Million THB % Million THB % Million THB % Revenue Revenues from sales of real estate

year by THB 18 million from decreasing of current assets THB 89 million, while the non-current assets were increased THB 71 million, which were mainly caused by: 1. Cash and cash equivalents was

revenues were 910.12 million Baht, an increase of 554.89 million Baht or 156.21% over the same period last year. The main factor of the increase is from the transfer of revenue of real estate which increased

were not recognized as sales revenue this quarter in accordance with relevant incoterms. The Y-o-Y decrease in revenue was due mainly to a 13% decrease in sales volume (Table 4) and due to the

Million Baht or approximately 38.27 percent compared with the same quarter of 2019. Details of sales and distribution expenses were as follows: Name First quarter of 2020 First quarter of 2019 Mana

business unit which were shown above, didn’t eliminate related transaction. The products of cosmetic has an internal restructuring to focus on skin care products due to the customer base that will grow in